Apartments for Rent in Holly Grove, New Orleans, LA

Holly Grove, New Orleans apartment availability

Holly Grove's rental market offers a good selection of listings, with an average of 22 rentals available each month. The majority of rentals are 2-bedroom apartments, followed closely by 1-bedroom and 3-bedroom options. Many apartments in Holly Grove feature desirable amenities, including air conditioning, in-unit laundry, and outdoor spaces. Specifically, about 41% of apartments have air conditioning, while around 55% offer in-unit laundry and 51% have outdoor spaces. This blend of amenities and apartment sizes makes Holly Grove a versatile neighborhood for renters with varying needs and priorities.

Holly Grove, New Orleans rental market trends

The Holly Grove neighborhood in New Orleans experienced a significant decline in rent prices over the past year, with an average monthly rent of $1,237, reflecting a 16.6% decrease. Breaking it down by bed count, 1-bedrooms averaged $798 per month, a decrease of 8% from the previous year. 2-bedrooms rented for approximately $1,217, a decline of 11.1%, while 3-bedrooms saw a modest 1.7% increase to $1,982. Studio apartments remained relatively stable, with a slight 0.7% increase to $1,100.

The summer months tend to see the highest demand and prices in Holly Grove, with August typically being the most expensive month, boasting a 31.5% increase in rent compared to May, the month with the lowest average rent. If you're searching for a new apartment, May might be a good time to find a deal. Keep in mind that the rental market can fluctuate, and prices may vary depending on the specific location and amenities.

Why Holly Grove, New Orleans is a great place to live

Holly Grove is a top choice for renters prioritizing social living in New Orleans. According to 2024 data, the neighborhood's social scene thrives due to its well-developed street infrastructure, frequent transit options, and relatively high walk score. A sizable neighborhood population also contributes to its lively atmosphere. Additionally, Holly Grove's safety record makes it an attractive option for those seeking a vibrant community without compromising on security. Overall, Holly Grove offers an ideal blend of connectivity, community, and convenience, making it an excellent fit for renters who value an active social lifestyle.